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CASPIAN PIPELINE CONSORTIUM
Why are oil prices nearing $110, and will Brent and US WTI crude futures continue to rise or fall again? Analysts insights, market outlook and what should investors do nowWhy are oil prices nearing $110, and will Brent and US WTI crude futures continue to rise or fall again? Oil prices remain near $110 as the...
Oil Price Today (April 7): Crude oil hovers above $110 as Trump’s Iran deadline keeps investors on edge. What’s next?Oil prices surged as President Trump issued a stern warning to Iran regarding the Strait of Hormuz. Tehran rejected a ceasefire, insisting ...
Oil prices extend gains as Trump sharpens rhetoric on IranOil prices climbed Tuesday as President Trump intensified threats against Iran over the Strait of Hormuz. Iran rejected a ceasefire, demand...
Fuel reservoir hit at Russia's Primorsk, NORSI refinery on fire after drone attacksRussia's energy infrastructure faced new attacks. Fuel leaked at the Primorsk port after shrapnel hit a reservoir. Separately, a drone stri...
Russian oil exports crippled by drone attacks and severe weather, limiting gains from soaring pricesRussia faces challenges in exporting oil despite a global price surge. Ukrainian drone attacks and severe winter storms have disrupted oper...
Oil holds onto gains as Iran keeps investors on edgeOil prices extended gains on Monday after climbing more than 2% in the previous session, as tensions between the U.S. and Iran kept invest...
Two oil tankers attacked near key CPC loading terminal in the Black SeaTwo oil tankers were attacked near the Caspian Pipeline Consortium's Black Sea loading terminal, a key export route for Kazakh crude. The s...
Russian President Putin recalls reservists for protection of vital installationsRussia has ordered the recall of mobilisation reservists to protect critical infrastructure after Ukrainian drone attacks, including a repo...
CPC says oil exports suspended due to storm at Black SeaOil exports from Kazakhstan via the Caspian Pipeline Consortium's Black Sea terminal have been halted. Bad weather and full storage tanks a...
Oil extends gains on strong US demand hopes, Russia supply concernsOil prices rose on Friday, heading for a weekly gain due to falling inventories of U.S. gasoline and distillate indicating strong demand. C...
Oil gains on U.S., Russia supply curtailments as market seeks Ukraine talks clarityOil prices rose amid U.S. and Russian supply disruptions and anticipation of Ukraine peace talks. Brent crude reached $76.04 per barrel, wh...
Brent oil prices tick down after gaining on Caspian pump station attackBrent crude prices paused in early trading after gaining due to a drone attack on a Russian oil pipeline. Brent futures slipped slightly wh...
ONGC Videsh to acquire stake in ACG oil field, AzerbaijanAccording to a press release, the agreement encompasses the acquisition of a 0.615 per cent participating interest (PI) in the ACG field an...
Ukrainian official says drones hit a naval ship in a major Russian port, latest attack inside RussiaUkrainian sea drones attacked a major Russian port on the Black Sea on Friday, damaging a naval ship, according to a Ukrainian official, th...
Drones attack Russian oil refineries near major oil port, officials sayAt around 0100 GMT a drone struck the Afipsky oil refinery in Russia's Krasnodar region, causing a fire which was later extinguished, Gover...
Oil mixed as market weighs tight supply against recession jittersBoth contracts posted weekly declines last week as the market was dominated by worries that rising interest rates to curb inflation would s...
Oil drops as supply crunch fears ease, trading costs riseDespite the declines, both contracts were headed for their first weekly gains in three weeks, with Brent on track for a 10% jump and WTI on...
- India to pay $13 per unit for natural gas from TAPI Pipeline
India will pay $13 for buying natural gas through the much-celebrated TAPI gas pipeline and will take indirect responsibility for safe tran...
India to ensure safe gas transit from TAPI; to pay $13 a unitIndia will pay $ 13 for buying natural gas through the much-celebrated TAPI gas pipeline and will take indirect responsibility for safe tra...
- Russia, Kazakhstan to double Caspian oil pipeline capacity
Russia and Kazakhstan have agreed to double the capacity of a Caspian region pipeline that should help open up Central Asian oil fields to ...